Europe is also bringing legislation that offers incentives for the use of green hydrogen, he said.

Hoa Phat Group produced over 6 million tonnes of crude steel in the first nine months of the year, matching its output from last year.

Increased light vehicle production through the second half of 2022 over the first half of the year will increase availability for prime steel scrap.

Multiple producers have faced that tough choice in recent months.

High carbon ferrochrome Tender Information in October, 2022 (Oct 20, 2022).

Medium carbon ferrochrome Tender Information in October, 2022 (Oct 20, 2022).

Low carbon ferrochrome Tender Information in October, 2022 (Oct 20, 2022).

Micro carbon ferrochrome Tender Information in October, 2022 (Oct 20, 2022).